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Hilong Holding (HKSE:01623) 6-Month Price Index : 0.40 (As of May. 24, 2024)


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What is Hilong Holding 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-24), Hilong Holding's 6-Month Price Index is 0.40.

Competitive Comparison of Hilong Holding's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Hilong Holding's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hilong Holding  (HKSE:01623) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hilong Holding  (HKSE:01623) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Hilong Holding 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Hilong Holding's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Hilong Holding (HKSE:01623) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hilong Holding Ltd (HKSE:01623) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:01080 HKSE:00206 HKSE:02178 HKSE:00554 HKSE:01156 HKSE:03303 HKSE:00353 HKSE:00196 HKSE:03337 SLB HAL BKR MIL:TEN FTI SHSE:601808 NOV WFRD CHX ASX:WOR VAL
Traded in Other Exchanges
HLONF:USA 8HL:Germany
Address
No. 1825, Luodong Road, Baoshan Industrial Zone, Shanghai, CHN, 200949
Website
http://www.hilonggroup.com
Hilong Holding Ltd manufactures and distributes oil and gas drilling equipment and coating materials, and provisions coating, oilfield, and offshore engineering services. Its segments include Oilfield equipment manufacturing and services including the production of oilfield equipment and provision of OCTG coating services; Line pipe technology and services including the provision of services related to oil and gas pipelines and production of coating materials for anti-corrosive and anti-friction purposes; Oilfield services including the provision of well drilling services, integrated comprehensive services, OCTG trading and related services to oil and gas producers; and Offshore engineering services includes the provision of offshore engineering services and offshore design services.

Hilong Holding (HKSE:01623) Headlines

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